Funding you earn now, next payment 00:00 UTC−0.0247%/8h= −27.0% APRnext payment −$2.47 per $10,000 · paid last 24h −0.023%
Price spread now: Bitget against GRVT+0.044%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$950.955% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 3 days (all we have)−0.299%−$30 · spread now +0.044%, 7d avg −0.029%
=Together, before fees−0.362%+ Points / potential airdropGRVT: Active · farm board−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.073% dearer against GRVT than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.029%): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.063% in total) that is about 8.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.063% in total (about -3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT GLW_USDT_Perp | 159.16 | 0.0247 | pay 0.0247% / 8h | 2h 29m | $18 | $192K | 10x |
| Short | Bitget GLWUSDT | 159.23 | 0 | get 0.0000% / 8h | 2h 29m | $2.1M | $872K | 20x |
GRVT GLW_USDT_Perp
Bitget GLWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GRVT. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$51.87
- Price spread: +0.044% → −0.029%
- $7.28
- Slippage, 4 orders
- −$74.49
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$140.08
- Costs to cover
- 0.955%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 57 min ago; Bitget: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GRVT live order book, 57 min ago | 2.52 bp | 24.2 bp −$24 | 549.7 bp −$5,497 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 4.40 bp | 32.5 bp −$33 | 57.3 bp −$573 | doesn't fit | doesn't fit |
GLW on 17 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GLWUSDT | 0.0000% | 8h | 159.20 | +0.027% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 159.12 | −0.025% | $912K | $216K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 159.11 | −0.031% | $2.2M | $4.2M | 50x | as long as short |
| Bitget GLWUSDTshort | 0.0000% | 8h | 159.23 | +0.044% | $2.1M | $872K | 20x | |
| SunX GLW-USDT | 0.0000% | 8h | 159.16 | 0.000% | $990 | $2.0M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 159.33 | +0.107% | $16K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 159.18 | +0.013% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0048% | 1h | 159.28 | +0.075% | $1.1M | $2.1M | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 159.24 | +0.050% | $298K | $84K | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 159.06 | −0.066% | $316K | $27K | 10x | as long as short |
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
QFEX GLW-USD
Ondo Perps GLW-USD.P
Paragon para:GLWShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX GLW-USDT-SWAP | +0.0100% | 8h | 159.38 | +0.138% | $2.3M | $4.4M | 20x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 159.24 | +0.050% | $318K | $1.0M | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 159.27 | +0.069% | $2K | $2K | 10x | as long as short |
| BloFin GLW-USDT | +0.0124% | 8h | 159.37 | +0.132% | $151K | $33K | 20x | as long as short |
| Binance GLWUSDT | +0.0136% | 8h | 159.30 | +0.088% | $10.8M | $21.0M | 20x | as long as short |
| Extended GLW-USD | +0.0136% | 1h | 159.28 | +0.075% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perplong | +0.0247% | 8h | 159.16 | long leg | $18 | $192K | 10x |
OKX GLW-USDT-SWAP
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
BloFin GLW-USDT
Binance GLWUSDT
Extended GLW-USD